The day is not over yet but there are def a few things against it. Right off the bat I can see the EMA and the recent strong uptrend. For - good location and if it closes right below the 1.3 it will make it even better.

james16 Chart Thread

Thanks Jarroo. Will keep an eye on it.

james16 Chart Thread

Cad/Chf — Hey guys, I havent posted in a while but Im still trying to read everything you guys are talking about in here. I love the input. Can you please help me out with a TP on the Cad/Chf. Ive started trading only the weekly and monthly so ...

james16 Chart Thread

I played both the Eur/Aud and the Gbp/Aud off the weekly and both ended up being great trades for me. Pinbars off the resistance at a great location. For me thats A+ trade opportunity.

james16 Chart Thread

Also Dev, to add to what Mike said take a look at the weekly chart. There is a much better pin there at a great previous support/resistance.

james16 Chart Thread

My undestanding is that a lot of ppl take PPZ. I on the other side am starting to employ a strategy where for example if I was long, I wait for a lower low wick or a PA reversal signal.

james16 Chart Thread

J16 teaches to place your stop just under the pinbar.

james16 Chart Thread

If you dont mind can you pm me the links as well. I wouldnt mind taking a look.

james16 Chart Thread

It should close on the downside, so a pretty strong pin. I will be watching it like a hawk though, because of the strong buying lately. Parity in my opinion is always hard to push through.

james16 Chart Thread

Yes. A very nice looking outside bar at a previous support.

james16 Chart Thread

Its funny how it works as soon as I typed this it started retracing off of that support lol

james16 Chart Thread

Yup! I played it as a touch trade just above parity and it created a pin so either way a great trading opportunity. Whats your initial TP? Call my biased ( I am canadian) but I might be looking for 0.95 (0.98 as minimum) unless a price action buy ...

james16 Chart Thread

Gotcha. Ill check it out on there. Thanks bro.

james16 Chart Thread

Eur/Usd — Hey Mike, Can you please help me out. I went long on the inside bar from yesterday on the Eur/Usd. I cant post charts since I am at work but I just check on my phone and it went straight down. It seemed like a decent trade, inside ...

james16 Chart Thread

Exactly what I was looking at. A quick hitter, but I didnt want to jeopardize my account for just one trade.

james16 Chart Thread

Thanks Mike. I so do not have the bankroll to trade gold right now lol. Maybe in the near future as my account grows.

james16 Chart Thread

Gold — Ive never traded gold, but I would like to trade that outside bearish engulfing bar at the double top. Can someone please explain to me how the pips work for gold?

james16 Chart Thread

That's a good looking trade. Playing the gaps on daily/weekly is a strategy on its own.

james16 Chart Thread

Thanks for the explanation. Came here to try to figure out what happened.

james16 Chart Thread

In this since 0.8200, looking for a long term sell.

james16 Chart Thread